| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 20,248 |
| Less: real estate tax abatements | (1,944) |
| Special assessment - abatement | 1,865 |
| Commercial rent | 2,137 |
| TOTAL RENTAL INCOME | 22,306 |
| OTHER INCOME | |
| Interest income | 83 |
| Laundry | 112 |
| Storage | 163 |
| Late charges | 58 |
| Transfer and sublet fees | 975 |
| Miscellaneous income | 47 |
| TOTAL OTHER INCOME | 1,439 |
| TOTAL INCOME | 23,746 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,211 |
| Operating expenses | 8,331 |
| Maintenance expenses | 3,688 |
| Taxes and insurance | 10,998 |
| Financial expenses | 1,561 |
| TOTAL COST OF OPERATIONS | 25,789 |
| Income or (Loss) Before Depreciation and Special item | (2,043) |
| Depreciation and amortization | (1,406) |
| NET INCOME OR (LOSS) | (3,449) |